CoinDesk

War drives oil up, the Kimi selloff drags chips down, and bitcoin sits between them.

Days after Kimi K3 rattled chip stocks, Moonshot is moving toward a Hong Kong listing at a $30 billion-plus valuation while Alibaba’s Qwen goes open-weight.

Bitcoin ETFs have attracted $273 million in new inflows in two weeks, but the total is barely enough to cover a single “slow” week of recent selling.

Brent jumped almost 4% on escalating U.S.-Iran strikes, while Asian chip stocks stayed under pressure from Friday’s Chinese AI shock.

The stablecoin-focused GENIUS Act became a law a year ago.

Michael Saylor argues that a new proposal, BIP-110, to temporarily block “spam” data from the Bitcoin blockchain would undermine the network’s neutrality and create a dangerous precedent for censorship.

The rise of autonomous AI agents necessitates the utilization of zero-knowledge proofs, argues Brian Trunzo, chief growth officer at Succinct Labs.

The GENIUS Act has hit its first anniversary without U.S. regulators yet meeting deadlines to write regulations, though rules will be in full effect by July 2028.

The Wyoming-based firm launched USD-settled bitcoin and ether options, saying product design, not demand, has held back adoption.

Project Eleven says it has funded a proof that lets a wallet’s own key-derivation path stand in as ownership after quantum computers can forge its signatures. It runs in 243 milliseconds on a laptop.

The new Zakura client is the first live piece of a plan to take Zcash from roughly one private transaction per second to payment-network scale.

The regulator cited concerns over addictive mechanics, a lack of self-exclusion tools, and a high volume of French users bypassing previous financial restrictions.

teakhouse Financial co-founder Adrian Cachinero says digital-native generations may rely less on banks, while Binance says younger users are already driving crypto adoption in emerging markets.

Leonidas’ DOG Mode client challenges Bitcoin’s default relay policies, reopening a philosophical debate over censorship, free markets and who really governs the network.

Washington views Brazil’s promotion of non-dollar payment channels, including Pix and the growth of stablecoins, as a potential threat to dollar-based trade, even as dollar-linked stablecoins account for about 90% of Brazil’s crypto transactions.

About $542 million weekly sat outside active trading ranges, meaning this capital earned zero fees and provided no market depth.

Large traders are betting on a BTC price rise to $72,000 by the end of the month, latest options market flow suggests.

A Broadridge survey found Wall Street is accelerating tokenization efforts while betting on hybrid markets where digital and traditional assets coexist.

Polymarket bettors have cut the odds of the CLARITY Act passing this year to a record low as Senate negotiations over ethics provisions remain unresolved.

Crypto and blockchain experts say this week’s moves show the two established finance companies are increasingly competing for control of the infrastructure behind digital payments.

Input Output will transfer control of the Haskell node, Plutus, Hydra and other components as founder Charles Hoskinson says the network must change and start growing again.

The company says its advantage lies in bringing retail customers onchain, but early activity remains dominated by memecoins, while its original tokenization vision remains small.

The securities giant announced today the consolidation of Singapore-based Coinhako as part of a rapid regional expansion that includes a tokenization partnership with Ondo Finance.

Moonshot’s Kimi K3 took the top spot in frontend coding away from Claude and OpenAI, and it’s free. Semiconductor stocks fell, and crypto fell with them.

Your day-ahead look for July 17, 2026

A deepening global selloff in chipmakers dragged risk assets lower, pulling bitcoin back from the $65,000 it reached on this week’s soft inflation print.

Crypto fell as AI stock fatigue and U.S.-Iran tensions weighed on sentiment, though a technical measure hints at oversold conditions heading into the weekend.

Brian Chesky regained control of his account and told any new crypto followers he would be a “disappointing follow”.

Japan’s Nikkei had its worst day since March. Ether is still the only major holding a gain on the week, barely.

The mega trade aims to profit from a potential surge in ether price turbulence.